Market participants are expressing caution regarding unsubstantiated rumors of Bitcoin potentially reaching $123,000, as these claims lack official verification from primary industry sources.
The purported price target remains unconfirmed by established entities such as Bitcoin Magazine or prominent industry figures including Michael Saylor. Investors face heightened uncertainty due to the potential market impact of speculative price predictions disseminated without credible validation.
Financial advisors emphasize the critical need for market participants to prioritize reputable sources over unverified speculation when making investment decisions. The situation underscores ongoing challenges surrounding information reliability in rapidly evolving cryptocurrency markets.